Showing post for the category: Savings
Six steps for managing finances as retirement creeps closer
Age 50 is a major milestone. Not only does it mean you’ve lived for half a century, but it also comes with some key advantages that can ensure you are saving enough for retirement. If you want to ...
Know your net worth
Your net worth is the difference between your assets, or what you own, and your liabilities, or your debt. Examples of assets include bank accounts, investments, and real estate. Examples of liabiliti ...
How to set an allowance for your children
Setting an allowance is a rite of passage for parents. How to do that and how much children should earn has changed over time. Many economists encourage parents to set up an allowance for the ...
What it means when you hear Member FDIC
You may have noticed the Member FDIC logo or disclaimer on ours and other bank advertising, signs and brochures. As a First Central State Bank customer you can feel confident in the financial opera ...
10 things teens should know about money before they leave home
One of the most important lessons parents can demonstrate and teach their children is smart money management. When we talk to our kids about basic financial principles, we are helping them avoid possi ...